Value creation: German economy loses €2.4 billion a year because of Temu and Shein

According to an IW study, Temu and Shein are causing massive losses in value creation and tax revenue in the EU. Germany’s retail association is calling for stricter controls and regulation.

23. April 2026
The flood of cheap products from Chinese platforms continues to pose challenges for Germany and Europe. (IMAGO / Rüdiger Wölk)

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Last updated: 23. April 2026